Bank holiday today: Are banks closed today for Guru Purnima on July 10? Check full schedule here
Notably, the second and fourth Saturdays and all Sundays are weekly holidays for all public and private banks across India, including the State Bank of India (SBI). Besides this, there are a total of seven listed bank holidays in July this year.
The RBI and state governments create a list of holidays for banks, taking into account national and local occasions, operational requirements, religious celebrations and other cultural observances. The central bank makes the announcement through its official website and notifications to banks and other financial institutions.
Guru Purnima, an auspicious occasion celebrated across India, is a day dedicated to honouring our teachers — be it spiritual guides or academic mentors. It emphasises and promotes the values of gratitude, reverence, wisdom, and knowledge.
As per the Hindu lunar calendar, Guru Purnima is celebrated in the Hindu month of Ashadha (June-July) on the full moon day (Purnima).
In Hinduism, the day holds great religious importance, commemorating the birth of Maharishi Veda Vyasa, the legendary sage who compiled the Hindu epic — Mahabharata and is revered as one of the greatest spiritual teachers in Indian tradition.
The festival also holds deep significance in Buddhism, and Jainism.
Buddhists mark this day in honour of Lord Buddha, as it is believed he delivered his first sermon at Sarnath on this very date after attaining enlightenment.
Jains observe Guru Purnima to pay respects to Lord Mahavira and his chief disciple Gautam Swami. July 3 (Thursday) — Kharchi Puja — Banks will be closed in Agartala to celebrate Kharchi Puja, a Hindu festival in Tripura dedicated to fourteen deities called Chaturdasha Devata.
July 5 (Saturday) — Guru Hargobind's Birthday — Banks will be closed in Jammu and Srinagar to mark Guru Hargobind's Birthday, the sixth of the ten Sikh Gurus.
July 6 (Sunday) — Banks closed pan-India.
July 12 (Saturday) — Banks closed pan-India for second Saturday.
July 13 (Sunday) — Banks closed pan-India.
July 14 (Monday) — Beh Deinkhlam — Banks will be closed in Shillong for Beh Deinkhlam, a festival celebrated by the Jaintia tribe in Meghalaya. July 16 (Wednesday) — Harela — Banks in Dehradun will be closed for Harela, a festival celebrated in the Kumaon region of Uttarakhand and some parts of Himachal Pradesh.
July 17 (Thursday) — Death Anniversary of U Tirot Singh — Banks will remain shut in Shillong, marking the death anniversary of U Tirot Singh, one of the chiefs of the Khasi people.
July 19 (Saturday) — Ker Puja — Banks in Agartala will be closed for Ker Puja, a festival celebrated in Tripura. It is dedicated to Ker, the region's guardian deity, who protects from calamities and external threats.
July 26 (Saturday) — Banks closed pan-India for fourth Saturday.
July 27 (Sunday) — Banks closed pan-India.
July 28 (Monday) — Drukpa Tshe-zi — Banks in Gangtok will be closed for Drukpa Tshe-zi, a Buddhist festival that falls on the fourth day of the sixth month in the Tibetan lunar calendar. This day marks Lord Buddha's first sermon.
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The Act explicitly prohibited a chairman from government employment after serving as chairman. Misra, an IAS officer of the 1967 Batch who retired from service in 2004, was appointed principal secretary to the PM, a post he retained until 2019. After he hung up his boots in 2020, the Centre gave Misra the mammoth task of effectively building the politically and ideologically crucial Ram Temple in Ayodhya as the chairperson of the construction committee under the Shri Ram Janmabhoomi Teerth Kshetra Trust. Misra continues to hold the position of the chairman of the Prime Ministers Museum and Library, which has been overhauled and rechristened in the last few years. It was earlier known as the Nehru Memorial Museum & Library. Amitabh Kant: As the G20 Sherpa, Amitabh Kant, an IAS officer of the 1980 batch, was the face of all the deliberations and preparations that went into the G20 Leaders' Summit hosted by India in 2023. An officer of the Kerala cadre, Kant served as the CEO of the NITI Aayog for six years from 2016 to 2022, a period during which the government think-tank conceptualised or spearheaded a slew of government reforms, such as popularising digital payments among MSMEs, reforming medical education, introducing Ayushman Bharat, reforming the Medical Council of India, privatisation of railways, highlighting the need for the strategic sale of Air India, and lateral entry in civil services, among others. Bhaskar Khulbe: Khulbe, another retired IAS officer of the 1983 batch, served in the PMO as the PM's secretary from 2016 to 2020. After his retirement, he was brought in as an adviser in the PMO for two years until 2022. The same year, the Uttarakhand government appointed him officer on special duty to look after the reconstruction works at Badrinath and Kedarnath shrines, signalling the project's significance for the PM. Not unprecedented The trend of appointing trusted retired officers in key ex-officio positions or positions that do not fall within the formal governance framework, including secretaries or joint secretaries, is not new. Under the UPA government, for instance, retired officers such as Pulok Chatterji and T.K. Nair became advisers to PM Manmohan Singh. 'It is certainly the prerogative of the government of the day to appoint retired officers in ex-officio positions,' said former IAS officer and Election Commissioner Ashok Lavasa. 'Even earlier, retired officers have held positions like the principal secretary to the PM. The government is well within its rights to do so, as long as it does not appoint them in cadre positions,' he said. While this trend often leads to a situation where most officers are outside the 'charmed circle' of power, the idea is perhaps to build a team and continue with it to govern uninterruptedly, Lavasa added. A former IAS officer who retired as secretary in the personnel and training department, Satyananda Mishra, agreed that the trend is not unprecedented. 'The only difference now is one of scale. But this trend has been there since the times of Indira Gandhi when retired officers like P.N. Haksar effectively ran the government,' Mishra said. 'What we see now is only an exaggerated version of the past.' Post-liberalisation, Mishra said, there was a proliferation of tribunals and commissions. For positions in them, the retirement age was 65—a deliberate choice, so officers whose retirement age is 60 can be re-employed for comfortable five-year tenures. However, it is not a trend without dangers, he added. 'One, retired officers who are re-employed are easily dispensable because they do not have the constitutional protections that serving civil servants have,' he said. 'Besides, they are bound to feel more obliged to those who have appointed them.' 'The trend is surely on the rise; we are becoming more and more like the US, where civil servants are picked and chosen by the administration, and civil servants' tenures are seen as coterminous with the government of the day,' he added. 'This is also because, for ordinary citizens, these are non-issues… For them, there is no difference between a serving and a retired officer.' It is also a trend widely found in states. From Awanish Awasthi, the chief adviser to Yogi, to Alapan Bandyopadhyay, chief adviser to Mamata Banerjee, CMs also are increasingly counting on trusted, retired officers in ex-officio positions, allowing them to run the show way beyond their retirement. (Edited by Viny Mishra) Also read: For Modi govt's ill-thought-out policies, civil servants haven't been blamed enough
